What’s new this month?

How are 2013 Boulder County real estate sales stacking up to previous years?

Year to Year Comparison:  January 1st – August 31st, 2012 vs. 2013

Residential:

Location

Total #Sold                   

Avg. Sales Price

Avg. Days to Contract           

Median Sales Price

2012

2013

2012

2013

2012

2013

2012

2013

Boulder

590

619

$669,448

$742,219

75

36

$570,000

$638,000

Denver

21,058

24,893

$299,106

$332,718

65

44

$249,000

$277,500

Louisville

188

180

$433,374

$497,006

54

33

$385,000

$461,250

Lafayette

243

251

$367,519

$410,967

64

41

$329,000

$379,000

Broomfield

571

659

$333,198

$367,291

66

36

$295,000

$317,500

Superior

125

123

$429,694

$456,257

40

26

$407,000

$435,000

Erie

299

389

$339,509

$368,725

72

44

$324,000

$341,500

Mountains

938

1100

$395,717

$436,159

131

103

$340,000

$369,500

Longmont

752

887

$258,271

$281,147

66

44

$234,950

$259,950

Attached Dwelling:

Location          

Total #Sold                  

Avg. Sales Price

Avg. Days to Contract           

Median Sales Price

2012

2013

2012

2013

2012

2013

2012

2013

Boulder

519

607

$313,839

$328,190

103

50

$254,000

$273,000

Denver

6,943

8,895

$189,417

$212,534

72

44

$148,503

$170,000

Louisville

38

55

$208,088

$253,155

81

39

$199,750

$212,000

Lafayette

92

116

$187,312

$211,267

67

38

$190,000

$214,950

Broomfield

152

  175

$213,560

$223,149

102

59

$215,000

$212,500

Superior

30

38

$202,129

$216,419

42

43

$180,000

$194,250

Longmont

190

215

$174,691

$191,888

79

48

$159,950

$182,500

Information Provided by IRES, Information and Real Estate Services and Metrolist. All reported

sales were not necessarily listed or sold by Four Star Realty and Property Management, Inc.

and are intended only to show trends in the area.

Summary of Statistics:

Although the market is showing seasonal signs of slowing, many segments of the market

are still far above a norm that we have not seen in many years.  Interestingly, while demand

and prices are up substantially, the number of units sold as compared to last year are up only

modestly.  The “cooling” that we are beginning to see is not uniform across all

segments of the market, and the lower end continues to be a very hot seller’s market.

In Boulder, the market remains very active up to $750,000 for single family homes

and up to $500,000 for condominiums. In Denver, the market remains very active up

to $500,000 for both single family homes as well as condominiums.

Mortgage Type
 National
 Local
 15 Year Fixed
3.45%
3.5%
 30 Year Fixed Jumbo
4.875%
4.875%
 30 Year Fixed
4.48%
4.5%
 5/1 Arm
3.19%
3.125%
 5/1 Arm Jumbo
4.12%
4.125%
 FHA 30 Year Fixed
4.5% 4.375%
Examples and are based on market conditions as of September 4th, 2013. Local rates include
1 point paid to Lender.This is not a guarantee of any kind.  Interest Rates are subject to daily
change based on market conditions
and a variety of specific qualifications for borrowers.

 

 65 Beaver Way
 $585,000
 Boulder, Colorado
 

 30378 Appaloosa Drive
 $379,000
 Evergreen, Colorado

 10865 Beas Drive
 $475,000
 Conifer, Colorado

2651 SW Grapevine
UNDER CONTRACT!
Idledale, Colorado

Local Business News

Town Center gets final OK in Superior  SUPERIOR – The Superior Board of Trustees

voted 6-1 on Monday night to give final approval to the $700 million Superior Town Center

development. Read More

Redevelopment fuels Louisville boom  New housing is surging in the northern part

of town, with three major mixed-use commercial developments about to follow. Read More

Ruling clears way to redevelop Longmont mall  LONGMONT – An $80 million plan to

redevelop Twin Peaks Mall may move forward quickly, after a judge’s ruling that Longmont

officials can take title to the Dillard’s department store.  Read More

Food co-op to open Thursday  BOULDER – A new food spot – The Second Kitchen co-op –

is opening Thursday, Sept. 5, in the former Delilah’s Pretty Good Grocery space at

904 College Ave., Boulder..  Read More

Groundbreaking held at Depot Square BOULDER – With construction noise buzzing in

the background, developers of the Depot Square mixed-use project held an official

groundbreaking ceremony Aug. 19. Read More

Impacts unclear as Boulder plan nears OK  Boulder’s proposed Civic Area Master

Plan charts out in depth how city leaders see the mostly public-owned land from Ninth

to 14th streets between Arapahoe Avenue and Canyon Boulevard shaping up over the next decade. Read More

Fall Colors in Colorado

In the mountains, the fall colors generally peak during the final two weeks of September and the first week of October but this can vary depending on the exact location. The most vibrant color only lasts about a week in most areas.

FOLIAGE UPDATE:
A few mountain areas mainly north of I-70 have reported some limited color. We expect the leaves to start turning in the next couple of weeks and should reach peak by the end of September in the northern Mountains. Our next scheduled update will be on Friday, Sept. 23.

For the latest leaf report, you can always call the U.S. Forest Service Fall Color Hotline at 1-800-354-4595


September 13th-15th

Fall Fest, Boulder   www.boulderdowntown.com

Now through October 24th

Bike to Farm Dinner, Boulder  http://www.awestruckoutdoors.com/bike-to-farm-tours.html

September-October

Sunflower Farm Fall Events, Boulder   http://www.sunflowerfarminfo.com/home.html

September 13th- October 27th

Denver Botanic Garden Corn Maze http://www.botanicgardens.org/corn-maze

September 27th- October 6th

Oktoberfest Denver   http://thedenveroktoberfest.com/

September 13th

Brew at the Zoo, Denver   http://www.denverzoo.org/brew/

 

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